Why is Roopa Industries falling/rising?

As of 17-Sep, Roopa Industries Ltd is experiencing a decline in its stock price, currently at Rs 53.30, which reflects a decrease of Rs 2.65 or 4.74%. The stock has underperformed significantly today, with a performance that is 4.78% lower than its sector. It touched an intraday low of Rs 53.2, and the trading volume indicates a lack of investor interest, as the delivery volume has fallen by 38.44% compared to the 5-day average. Over the past year, the stock has generated a return of -38.56%, and despite a profit increase of 27.5%, it has a weak long-term fundamental strength characterized by a low Return on Capital Employed (ROCE) of 5.09% and a high Debt to EBITDA ratio of 7.12 times.
In the broader market context, Roopa Industries has underperformed relative to the Sensex, which has gained 1.56% over the past week while the stock itself has declined by 1.28%. This trend of underperformance is evident over longer periods as well, with the stock down 26.99% year-to-date compared to a 5.83% increase in the benchmark. The company is trading at a discount compared to its peers, but the weak fundamentals and declining investor participation suggest that the market sentiment remains negative, contributing to the stock's current downward trajectory.